Dropping Tanzania Lending Rates Like Its Hot

Deputy Minister for Finance and Planning Ashatu Kijaji has told parliament that the government has outlined five policy measures to stimulate lowering of lending interest rates in the country.

Photo: Pixabay

Savings, money (file photo).

  • Tanzania:   Good News As Lending Rates Fall

    Daily News, 28 May 2018

    THERE are encouraging new developments in the banking sector as market leaders have lowered interest rates on loans in what suggests the sector is finally responding to a raft of… Read more »

  • Tanzania:   NMB Lowers Lending Rates for Salaried Workers

    Daily News, 27 May 2018

    NMB Bank has lowered interest rates for salaried workers and small and medium enterprises (SMEs) and extend loan repayment time to meet growing demands for more affordable loans. Read more »

  • Tanzania:   Banks Lending, Deposits Rates Decline

    Daily News, 4 May 2018

    BANKS average lending and deposits interest rates declined in the year ending February compared to January and the corresponding month in 2017 as response to the easing monetary… Read more »

  • Tanzania:   Bank Announces Reduction in Lending Rates Starting April

    Daily News, 28 March 2018

    BancABC yesterday announced that it will reduce lending rates to its customers starting April 1, this year to easy the repayment burden and increase borrowing to existing and new… Read more »

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